| November 2, 2007 |
| "K" Line Invests in Business of Offshore Support Vessels |
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| [Outline of shipbuilding contracts] |
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| For further information, please contact: |
| Kawasaki Kisen Kaisha, Ltd. ("K" Line) |
| Masato Yamaguchi, General Manager, IR & PR Group |
| Tel: 81-3-3595-5141 Fax: 81-3-3595-5001 |
| Atsushi Takayama, Manager, Information & Public Relations Team, IR & PR Group |
| Tel: 81-3-3595-5083 Fax: 81-3-3595-5001 |
| ANCHOR HANDLING TUG SUPPLY VESSEL (AHTS) |
| Aker AHT 12 design |
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| PLATFORM SUPPLY VESSEL (PSV) |
| Aker PSV 06 CD design |
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